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HILLSBORO, OR 97123

Real Estate Market Report
Seller's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The HILLSBORO, OR real estate market (97123) currently shows 241 active listings, with 73 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 43 days on market compared to 44 days last year.

The median listing price has risen 1.5% year-over-year, from $568,815 to $577,450.

Whether you are buying or selling in HILLSBORO, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 48,218  ·  Density: 334.4/mi²  ·  Median household income: $100,745

Typical home value: $457,728  ·  Homeownership: 69.1%

Market Overview

Active Listings
241
⇩ 1.6% vs 245 last year
Pending
73
30% pending ratio
Median Price
$577,450
⇧ 1.5% vs $568,815 last year
Average Price
$671,111
⇩ 3.1% vs $692,354 last year
Days on Market
43
⇩ 2.3% vs 44 days last year

Price Per Square Foot

Median $/sqft
$292
⇩ 4.9% vs $307/sqft last year
Median Home Size
1,920 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 241 this year vs 245 last year
  • Days on market: 43 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $577,450 (+1.5% YoY)
  • Average: $671,111 (-3.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.4 miles — 1,616 listings ($1,250,940,989 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97123Hillsboro, OR 971230.0 mi200$142,205,200$544,500$711,026
97007Beaverton, OR 970075.3 mi211$129,677,013$603,250$614,583
97003Beaverton, OR 970037.0 mi81$37,345,779$415,000$461,059
97132Newberg, OR 971328.4 mi114$112,402,176$640,150$985,984
97008Beaverton, OR 970088.7 mi56$27,189,960$514,000$485,535
97005Beaverton, OR 970059.2 mi35$14,952,525$447,450$427,215
97223Portland, OR 972239.8 mi119$77,339,409$579,925$649,911
97229Portland, OR 9722911.1 mi303$256,199,832$798,000$845,544
97115Dundee, OR 9711511.8 mi15$27,442,485$1,443,250$1,829,499
97035Lake Oswego, OR 9703512.5 mi135$135,394,875$707,000$1,002,925
97219Portland, OR 9721913.6 mi154$122,172,820$585,000$793,330
97210Portland, OR 9721013.9 mi75$78,283,425$752,500$1,043,779
97239Portland, OR 9723914.4 mi118$90,335,490$674,900$765,555

Frequently Asked Questions

How many homes are for sale in HILLSBORO, OR 97123?

As of June 2026, there are 241 active listings in HILLSBORO, OR (zip code 97123), compared to 245 the prior year.

What is the median home price in HILLSBORO, OR 97123?

The median listing price in HILLSBORO, OR 97123 is $577,450 as of June 2026, a 1.5% increase from $568,815 the prior year.

How long do homes stay on the market in HILLSBORO, OR?

Homes in HILLSBORO, OR 97123 spend an average of 43 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in HILLSBORO, OR 97123?

Based on current inventory and days-on-market data as of June 2026, HILLSBORO, OR 97123 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 43 days on market compared to 44 days last year.

How much can I save on real estate commission in HILLSBORO, OR?

With SELL123.com's maximum 3% commission, sellers in HILLSBORO, OR 97123 save an estimated $11,549 compared to a typical 5% commission on the median listing price of $577,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.